EURUSD | Page 2499 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #49,961
  • Dec 12, 2008 7:14am Dec 12, 2008 7:14am
Quoting Shadowfx
Looks to me EUR v GBP attempting to break resistance to set another new record high at 1pm (GMT) add volume of USA session starting at the same time...

If it succeeds..well we've seen the last days what can happen...

Just my 2 cents...

The eurgbp is made of the eurusd and the gbpusd....not the other way around...

multuply the value of the eurusd and the gbpusd and you get the eurgbp
  • #49,962
  • Dec 12, 2008 7:17am Dec 12, 2008 7:17am
Quoting Driver55
Guys,
can you tell me ,if someone knows about meta trader,
if there is also the bund future ?
Not sure about the futures, but GCI has bund trading. However, they do not accept clients from USA and UK.

On other note, feeling like motherless child .... because one of my two gurus (Psiholiog) is not here eversince his "M" changed to a "W". Driver 55 is here. Thanks Driver 55 for advice on Hedging. I am short, and will remain short on Eur/USD.

With my limited knowlege, I beleive we are in a middle channel, if pa breaks lower wall of this middle channel, will go to 1.3000 or even further south. Hower, if it breaks upper wall of this middle channel, it may go up to 1.3500. Trade carefully, this is friday and therefore only first 1 1/2 hours after NY open count, rest is noise.
The Thief of Wall Street
  • #49,963
  • Dec 12, 2008 7:18am Dec 12, 2008 7:18am
Quoting Shermenator
The eurgbp is made of the eurusd and the gbpusd....not the other way around...

multuply the value of the eurusd and the gbpusd and you get the eurgbp
Hence why its such a good indicator...if you read back my post this morning...the current weakness of the GBP is one of the catalysts for the EUR bull run..besides the risk aversion we see with the USD at the moment...
  • #49,964
  • Dec 12, 2008 7:20am Dec 12, 2008 7:20am
Quoting Shadowfx
Hence why its such a good indicator...if you read back my post this morning...the current weakness of the GBP is one of the catalysts for the EUR bull run..besides the risk aversion we see with the USD at the moment...
Eurgbp just react to the majors...I place trades on that pair with out looking at it....just like any cross
  • #49,965
  • Dec 12, 2008 7:20am Dec 12, 2008 7:20am
What is 'usual' for a Friday?

Do we see big moves or is it generally quiet consolidations after say 3pm GMT due to people going home early?

1st target here of 375
Attached Image (click to enlarge)
Click to Enlarge Name: 121208-02.JPG Size: 57 KB
  • #49,966
  • Dec 12, 2008 7:24am Dec 12, 2008 7:24am
"Usual" for Friday is Unpredictable. Especialy today with all the news coming out.
  • #49,967
  • Dec 12, 2008 7:35am Dec 12, 2008 7:35am
Quoting Shermenator
Eurgbp just react to the majors...I place trades on that pair with out looking at it....just like any cross
I'm not arguing about the cross...I already said yesterday "keep an eye on one of the most "forgotten" pairs..."

It gives a better insight in whats currently happening and why the "normal" correlation between DJI & commodities been out of sync the last days..

What matters to me is..based upon taken it in as an important indicator currently I'm glad I went long a few hours ago around 1.327...

Just my 2 cents..well 1 so far in this case...
  • #49,968
  • Dec 12, 2008 7:36am Dec 12, 2008 7:36am
Quoting andys0506
What is 'usual' for a Friday?

Do we see big moves or is it generally quiet consolidations after say 3pm GMT due to people going home early?

1st target here of 375
I'm riding the same line for now and still short
  • #49,969
  • Edited 7:52am Dec 12, 2008 7:38am | Edited 7:52am
The Correlation EU/Dow is not there!

Almost certain to see 1.3400 break Today, watch out the spikes.
Yesterday was a 402 pip day but with the top secured, today we can see the opposite 400 or 320 pips but not secure!
  • #49,970
  • Dec 12, 2008 7:48am Dec 12, 2008 7:48am
where to now?
  • #49,971
  • Dec 12, 2008 7:49am Dec 12, 2008 7:49am
This going to be very interesting...triple top...or do we break up further...
The RSI on the daily, 4H & 1H have room for a continuation of this move...

Trade with extreme caution...or stay on the sideline...
  • #49,972
  • Dec 12, 2008 7:49am Dec 12, 2008 7:49am
I unlock my short at 3417.. for a while.. letīs see
The best thing that can happen to you is to find out where you're wrong.
  • #49,973
  • Dec 12, 2008 7:51am Dec 12, 2008 7:51am
I'm out now to see if a triple top forms or we have a breakout.
  • #49,974
  • Dec 12, 2008 7:54am Dec 12, 2008 7:54am
Quoting emda
I'm out now to see if a triple top forms or we have a breakout.
If they make a false breakout... (this is my opinion ) they change all elliot counts of yesterday and today
The best thing that can happen to you is to find out where you're wrong.
  • #49,975
  • Dec 12, 2008 7:54am Dec 12, 2008 7:54am
Quoting emda
I'm out now to see if a triple top forms or we have a breakout.
better say sideline
  • #49,976
  • Dec 12, 2008 7:57am Dec 12, 2008 7:57am
are we going to see some profit taking at 1.3411 and therefore a lil downside even if not much
  • #49,977
  • Edited 8:02am Dec 12, 2008 8:00am | Edited 8:02am
Quoting Driver55
I unlock my short at 3417.. for a while.. letīs see
Good luck, all the best.

I have slightly modified locking system, term this AHR (Anti-Hedge-Retrace), I place entry orders in opposite direction when pa crosses a resistence. On its way in reverse direction, it executes my orders, also bringing my average near to pa's current position. Painful and time consuming process, also missing great breaks - but reliable and safer. I have placed short entry orders below 1.3300. If we see a retrace, pa will hit these orders and may go down up to 1.32-1.300 or even blow that. Let's see.
The Thief of Wall Street
  • #49,978
  • Dec 12, 2008 8:02am Dec 12, 2008 8:02am
MR1 @ 1.33783 acting as support is my bench mark for now...
  • #49,979
  • Dec 12, 2008 8:02am Dec 12, 2008 8:02am
This will be very interesting to see!
  • #49,980
  • Dec 12, 2008 8:03am Dec 12, 2008 8:03am
Very good analysis. PA proofed it to be correct so far.

Would you please be so kind and send me your MACD version. I would like to learn how to display labels into a seperate indicator window.

Best regards
/ ... clarifying decisions ... /
559 traders viewing now